5526 Gilmore Rd, Pollock Pines, CA 95726
$565,000 Mortgage Calculator Active Single Family Residence
Property Details
About this Property
This exceptional multi-unit property, zoned as a single-family home, offers a rare chance to own a high-yield rental in California's competitive market. Located in Pollock Pines, just 15 minutes from fast-growing Placerville, CA, this fully remodeled investment includes three income-producing units: a main residence renting for $2,500/month, a converted attached garage at $1,625/month, and an ADU at $1,600/month all leased. Together, they generate $5,725 monthly. Each unit boasts modern, turnkey interiors designed for low upkeep and broad tenant appeal. The main home suits families or professionals, while the garage conversion and ADU cater to smaller households, ensuring steady occupancy. With an annual gross income of $68,700 and a net operating income of $55,965 (before financing), it delivers a 9.1% cap rate exceptional in California, where multi-family yields typically range from 4-6%. Pollock Pines, in the Sierra Nevada foothills near Jenkinson Lake, attracts renters with affordability, natural beauty, and proximity to Highway 50 and Placerville's expanding economy. Priced at $615,000, this property is a cash-flow gem with upside potential.
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MLS Listing Information
MLS #
ME225029921
MLS Source
MetroList Services, Inc.
Days on Site
47
Interior Features
Bedrooms
Remodeled
Bathrooms
Updated Bath(s)
Kitchen
Countertop - Granite, Kitchen/Family Room Combo, Updated
Dining Room
Dining Area in Living Room
Flooring
Tile
Laundry
Hookups Only, Laundry Area
Cooling
Central Forced Air, Other
Heating
Central Forced Air, Other
Exterior Features
Roof
Composition
Foundation
Slab
Pool
Pool - No
Style
Ranch, Ranchette
Parking, School, and Other Information
Garage/Parking
Detached, Garage: 1 Car(s)
High School District
El Dorado Union High
Sewer
Other, Septic Tank
Water
Public
Zoning
R1
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 0 | – | – |
School Ratings
Nearby Schools
| Schools | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Pinewood Elementary School | public | K-4 | 1.68 mi | |
| Sierra Ridge Middle School | public | 5-8 | 1.98 mi | |
| Silver Fork Elementary School | public | K-8 | 2.03 mi | N/A |
| Camino Elementary School | public | K-8 | 3.57 mi |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
5526 Gilmore Rd is a Single Family Residence in Pollock Pines, CA 95726. This 2,839 square foot property sits on a 0.56 Acres Lot and features 6 bedrooms & 3 full bathrooms. It is currently priced at $565,000 and was built in –. This address can also be written as 5526 Gilmore Rd, Pollock Pines, CA 95726.
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This listing information is up-to-date as of April 19, 2025. For the most current information, please contact Corey McKinney, (530) 556-9488
